To truly own Bitcoin, you need a wallet that gives you full control. Tangem offers a cold wallet solution, operating offline and requiring no personal information. It uses a card and your phone via NFC, ensuring your Bitcoin remains self-custodied, away from third parties and tracking.
Table of contents
Bitcoin.com Wallet
The Bitcoin.com Wallet app is a popular choice, with millions of wallets created. It allows you to buy, sell, use, and hold Bitcoin, as well as other cryptocurrencies. You can also earn DeFi rewards and learn about Bitcoin.
Choosing Your Wallet Type
When creating a Bitcoin wallet, you can choose between a Bitcoin wallet and a Lightning wallet. For Bitcoin, simply click the Bitcoin button within the app.
Wallet Options
Before creating a wallet, decide if you prefer a hardware wallet, software wallet, custodial wallet, or paper wallet. After choosing, install the software or set up the hardware, back up your recovery seed, and enable strong authentication.
A Bitcoin wallet is your gateway to the Bitcoin network.
сегодня
Understanding Wallet Types
Let’s delve deeper into the different types of Bitcoin wallets available:
Hardware Wallets
These are physical devices that store your private keys offline, offering the highest level of security. They are resistant to hacking and malware. Popular examples include Ledger and Trezor.
Software Wallets
These wallets are applications you install on your computer or smartphone. They are convenient for everyday use but are more vulnerable to security threats. Examples include Electrum and Exodus.
Custodial Wallets
With custodial wallets, a third party holds your private keys. This is convenient but means you don’t have full control of your Bitcoin. Cryptocurrency exchanges often provide custodial wallets.
Paper Wallets
A paper wallet involves printing your private and public keys on a piece of paper. This is a secure option for long-term storage, but you need to keep the paper safe and protected from damage.
Securing Your Bitcoin Wallet
Regardless of the wallet type you choose, security is paramount. Here are some essential tips:
- Back Up Your Seed Phrase: This is a 12-24 word phrase that allows you to recover your wallet if you lose access to it. Store it securely offline.
- Enable Two-Factor Authentication (2FA): This adds an extra layer of security, requiring a code from your phone in addition to your password.
- Keep Your Software Updated: Regular updates often include security patches that protect against vulnerabilities.
- Be Wary of Phishing Scams: Never share your private keys or seed phrase with anyone.
Choosing the right Bitcoin wallet depends on your individual needs and risk tolerance. Consider the security, convenience, and control offered by each type before making a decision.
